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Answer: Between 1 week and 2 months, depending on how you file
Questions:
- Which type of tax filing would you prefer to do? Why?
- Why might getting your tax refund quickly be important? Why?
- What would you do with a received tax refund?
Here are the ready-to-go slides for this Question of the Day that you can use in your classroom.
Behind the Numbers (Smart Asset):
“When you get your tax refund will depend largely on how you file your return. The fastest option is to e-file your return and to receive your refund via direct deposit. For 2020 taxes, the majority of taxpayers who choose this option will receive their refunds within 21 days. That means your bank will have your refund within three weeks from the day the IRS accepts your tax return. Then it may take up to a few additional days for your bank to make the funds available to you.”
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Need more resources? Check out the NGPF Taxes unit!
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